Garlon Polyfab Industries Ltd releases unaudited results for quarter ended December 2020

Garlon Polyfab Industries Ltd releases unaudited results for quarter ended December 2020

Garlon Polyfab Industries Ltd releases unaudited results for quarter ended December 2020​

Garlon Polyfab Industries Limited has released its Unaudited Financial Results, accompanied by a Limited Review Report, for the quarter ending December 2020. The results pertain to the company's performance during that period.

The Statement of financial results was prepared in compliance with Ind AS and other recognized accounting practices and policies. Management is responsible for ensuring consistency between these results and those used in the preparation of its opening unaudited Balance Sheet as at that time.

The limited review was conducted by Chartered Accountants in accordance with Standard on Review Engagement (SRE) 2410. The report indicates that nothing has come to the accountants' attention that suggests the Statement has not been prepared in all material respects according to Ind AS and other recognized accounting practices, nor does it contain any material misstatement.

The unaudited financial results for the quarter and nine months ended December 31, 2020, reflect specific performance metrics as detailed below:

MetricValue (Rs)
Earnings Per Share (Face value of Rs 10)1.55
Dividend per Share (No annual setting)1

Stock Price Movement​

At 15:15, Garlon Polyfab Industries Ltd is surging, with shares currently priced at ₹3.31, reflecting a significant 19.93% rise. Despite this move, the stock is trading completely flat as both the intraday high and low remain identically fixed at ₹3.31.
 

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Editorial Note

This news article was written and created by Himanshu, and published on IST.
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